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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 101,856 $ 101,913
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of investment premiums, net 10,114 12,011
Gain on sale of investment securities, net (858) (135)
Gain on sale of other real estate owned, net (1,530) (193)
Valuation adjustment on other real estate owned 1,462 2,487
Provision for loan and lease losses 15,412 23,891
Change in cash surrender value of bank owned life insurance (4,366) (5,439)
Depreciation, amortization and accretion 30,059 24,411
Loss on sale of premises and equipment 4,211 2,481
Additions to residential mortgage servicing rights carried at fair value (14,843) (20,101)
Change in fair value of residential mortgage servicing rights carried at fair value 34,565 10,154
Change in junior subordinated debentures carried at fair value 3,203 2,920
Stock-based compensation 5,245 7,985
Net increase in trading account assets (602) (6)
Gain on sale of loans (80,169) (77,395)
Change in loans held for sale carried at fair value (13,809) 282
Origination of loans held for sale (1,810,425) (1,859,380)
Proceeds from sales of loans held for sale 1,972,727 1,794,637
Goodwill impairment 142 0
Change in other assets and liabilities:    
Net (increase) decrease in other assets (16,958) 57,791
Net increase in other liabilities 57,836 4,468
Net cash provided by operating activities 293,272 82,782
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of investment securities available for sale (247,620) (619,131)
Proceeds from investment securities available for sale 319,919 337,088
Proceeds from investment securities held to maturity 282 344
Purchases of restricted equity securities (600) 0
Redemption of restricted equity securities 7 72,417
Net change in loans and leases (1,084,966) (817,613)
Proceeds from sales of loans 311,669 164,868
Net change in premises and equipment (15,572) (42,580)
Proceeds from bank owned life insurance death benefits 814 4,184
Proceeds from sales of other real estate owned 10,228 15,187
Net cash used in investing activities (705,839) (885,236)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in deposit liabilities 552,670 255,823
Net increase in securities sold under agreements to repurchase 55,674 12,390
Proceeds from term debt borrowings 285,000 0
Repayment of term debt borrowings (270,015) (114,999)
Dividends paid on common stock (70,528) (66,235)
Proceeds from stock options exercised 778 1,558
Repurchase and retirement of common stock (9,374) (11,307)
Net cash provided by financing activities 544,205 77,230
Net increase (decrease) in cash and cash equivalents 131,638 (725,224)
Cash and cash equivalents, beginning of period 773,725 1,605,171
Cash and cash equivalents, end of period 905,363 879,947
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Interest 35,820 33,054
Income taxes 12,851 17,223
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Change in unrealized gains on investment securities available for sale, net of taxes 25,218 (7,019)
Cash dividend declared on common stock and payable after period-end 35,296 33,098
Transfer of loans to loans held for sale 265,741 0
Change in GNMA mortgage loans recognized due to repurchase option (7,881) 3,493
Transfer of loans to other real estate owned 4,546 2,577
Transfers from other real estate owned to loans due to internal financing $ 256 $ 0